MENEZES CONSTRUCT: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
MENEZES CONSTRUCT
Largest movements
- Receivables within one year +€23,053
up €23,053 (+204.6%), from €11,267 to €34,320
of which Trade receivables: +€19,669
- Cash -€10,479
down €10,479 (-25.5%), from €41,116 to €30,637
mainly Receivables within one year (-€23,053) and Advances received (-€7,903)
- Trade debts +€15,229
up €15,229 (+896.5%), from €1,699 to €16,927
- Advances received -€7,903
down €7,903 (-100.0%), from €7,903 to €0
- Tax, wage and social debts +€2,993
up €2,993 (+127.7%), from €2,344 to €5,337
of which Taxes: +€4,791
- Profit (loss) carried forward +€1,146
up €1,146 (+2.9%), from €39,381 to €40,526
- Other debts +€1,066
up €1,066 (+1066.2%), from €100 to €1,166
- Gross operating margin +€29,386
up €29,386, from -€4,142 to €25,244
- Taxes +€17,719
up €17,719 (+9312.8%), from €190 to €17,909
- Depreciation -€969
down €969 (-100.0%), from €969 to €0
- Other operating charges +€463
up €463 (+15.7%), from €2,944 to €3,407
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €52,427 | €64,957 | +€12,530 | +23.9% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €52,427 | €64,957 | +€12,530 | +23.9% |
| Amounts receivable within one year | 40/41 | €11,267 | €34,320 | +€23,053 | +204.6% |
| Trade receivables | 40 | €9,343 | €29,012 | +€19,669 | +210.5% |
| Other amounts receivable | 41 | €1,924 | €5,308 | +€3,384 | +175.9% |
| Cash at bank and in hand | 54/58 | €41,116 | €30,637 | -€10,479 | -25.5% |
| Deferred charges and accrued income | 490/1 | €44 | €0 | -€44 | -100.0% |
| Total equity and liabilities | 10/49 | €52,427 | €64,957 | +€12,530 | +23.9% |
| Equity | 10/15 | €40,381 | €41,526 | +€1,146 | +2.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,381 | €40,526 | +€1,146 | +2.9% |
| Amounts payable | 17/49 | €12,046 | €23,430 | +€11,385 | +94.5% |
| Amounts payable within one year | 42/48 | €12,046 | €23,430 | +€11,385 | +94.5% |
| Trade debts | 44 | €1,699 | €16,927 | +€15,229 | +896.5% |
| Suppliers | 440/4 | €1,699 | €16,927 | +€15,229 | +896.5% |
| Advances received on contracts in progress | 46 | €7,903 | €0 | -€7,903 | -100.0% |
| Taxes, remuneration and social security | 45 | €2,344 | €5,337 | +€2,993 | +127.7% |
| Taxes | 450/3 | €546 | €5,337 | +€4,791 | +876.9% |
| Remuneration and social security | 454/9 | €1,798 | €0 | -€1,798 | -100.0% |
| Other amounts payable | 47/48 | €100 | €1,166 | +€1,066 | +1066.2% |
| Remuneration, social security and pensions | 62 | €1,089 | €925 | -€163 | -15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €969 | €0 | -€969 | -100.0% |
| Other operating charges | 640/8 | €2,944 | €3,407 | +€463 | +15.7% |
| Gross operating margin | 9900 | -€4,142 | €25,244 | +€29,386 | |
| Operating profit (loss) | 9901 | -€9,143 | €20,911 | +€30,055 | |
| Financial income | 75/76B | €0 | €117 | +€117 | |
| Recurring financial income | 75 | €0 | €117 | +€117 | |
| Financial charges | 65/66B | €265 | €308 | +€43 | +16.1% |
| Recurring financial charges | 65 | €265 | €308 | +€43 | +16.1% |
| Profit (loss) for the period before taxes | 9903 | -€9,409 | €20,720 | +€30,129 | |
| Income taxes | 67/77 | €190 | €17,909 | +€17,719 | +9312.8% |
| Profit (loss) for the period | 9904 | -€9,599 | €2,812 | +€12,411 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,599 | €2,812 | +€12,411 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.